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bad hand, in particular. george bush, the father, george h.w. bush, was a very successful businessman. >> the presidential debate is tonight at 8:00 p.m. on cnbc. >>> up next, another facebook privacy battle in the making. later, baseball great joe torre in the house with the world series just three weeks away. we'll talk about the exciting wind down in the regular season, the league's newly minted $12 billion tv deal, record merchandise sales, plus, what does he think about baseball's new expanded playoff system? and how about them yanks? then, new weapon in the private jet wars. they're super fast, super light, and super efficient. our wealth editor robert frank coming up on the hopes of revivingand.back in a moment. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual pa
in the wake of the snl crisis, a republican president, george h.w. bush, asked for $50 million to investigate the snl crisis. president obama has asked for $50 million that congress hasn't given him. i might add, maria, as we talk today, the republicans in the house of representatives are trying to cut the budgets of enforcers like the sec and the commodities future trading commission. so we need robust enforcement to protect the integrity of the markets. >> but how much credence do you put into the idea it's very difficult to actually prove intent in fraud, the intention to actually commit fraud? could it be we've seen these investigations come and go and they can't come up with actual evidence of fraud, that these guys were not necessarily fraudulent but just stupid? >> well, look, first of all, i think what you need to have is if you don't look, you will not find. you need an intense level of resources to go after these crimes that as you were saying in your lead up have caused immense damage to the economy. trillions of dollars of household wealth wiped away. 4 million foreclosures. a dev
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